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Major Development Project Receives Financial Boost

By Brianna Strunk, PAHomePage.com

Published Oct 18, 2016 at 5 51 PM

SMITHFIELD TOWNSHIP, MONROE COUNTY (WBRE/WYOU) – A major development project in the Poconos is moving one step closer thanks to a recent financial boost. Governor Tom Wolf recently announced developers will receive more than $2 million to support the Smithfield Gateway Project in Marshalls Creek.

Before the project can get underway, the nearby Routes 209 and 447 first need major improvements, which will cost $7 million. Developers received about $1 million from a gaming grant, and last week learned they’re receiving more than $2 million more from PennDOT.

Tucked behind the busy Route 209 in Marshalls Creek sits a quaint, former dairy farm. Soon it will be knocked down for Smithfield Gateway, a massive development project

“This is going to be a big project. It’s a game changer economically for the region,” says Jim DePetris, CEO of Legend Properties Inc.